St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1887-09-07
The COMMERCIAL RECORD.
On the Chicago Board of Trade the
Wheat Market Was Rather
Dull,
And Price Fluctuations We're Within
Limits That We're Quite
Narrow.
Transactions in the Financial Circles
of Wall Street.-The General
Quotations.
Special TO the Globe.

Special to the Globe.
CHICAGO, Sept. AS is usually the case
of late, matters were somewhat quick from
the start on the board of trade this morning
because prices were on the decline. tThe
rally at the close on Monday was properly
attributed 10 shorts covering and the opening
prices to-day were lac off for october wheat,
&c off for October corn and Ac off for No
yember oats, with no early trades in the near
future. The opening prices to day were:
for wheat, October Tie, December 74c, May
Soc Corn. October 41Iac, November 4i7sc,
May 45Isc Oats, November. 25asc, May
297Se. Ribs advanced from $3.50, the clos
ing yesterday, to S. 2I4 at 10 n. m. to-day.
The visible supply figures were made public
before noon and showed an increase in oats
of II, 600 bushels. an increase in corn OF
4S.400 bushels and an increase in wheat of
us, 400 bushels. The wheat figures were
disappointment as decrease of fully 5OO,-
0OO bushels was expected. The announce
ment, however, produced no immediate
changes in prices from those of the morning.
Toward the close of the session there was
little better feeling on the floor, but prices
remained quite stationary for wheat and
slightly better for corn and oats. Wheat sold
at 707s@97lc for October and 797sc for May.
october corn went to 41I2@l415Sc after sell
ing at 41$Sc. May sold up 10 45ls@45Ac
after selling at 45c. Oats sold at 277sc for
October and soc for May. Provisions were
strong and steady. Closing prices were:
October wheat, 707s@7Ic; October corn.
4ls4c; October oats, 25625Ise; October ribs,
$500 s 90; October lard. S6.54.
Closing 2:30 p. m Wheat 69Isc Septem-
Der, 7O7Sc October, Elise December, 1859
May. Corn, 41Ac September, 415s@41s4c
October, 42c December, 45ls@45i4c May.
Oats, 24lsc September, 25c October. soc
May. Pork, S12.55 January. Lard. SG.45
September, S6.47I2 october, S6.47i2 Decem-
Der. Short ribs, SS571a September, $500
October.
THE ROUTINE REPORT
CHICAGO, Sept 6.-The wheat market was
dull and price fluctuations were within mar
row limits. Trade was light and outside
news was without special weight. The gen
eral range of prices was lac under the level
attained in closing yesterday, but it was a
little above Yesterdays average. October
opened at Tic, ranged at 710.70S4c and
rested at 707s@71c: December opened at 14c,
ranged at 741s@737sc and rested at 74M
74lsc; May opened at soc, ranged at 500
79S4c and closed at 1850. There were very
few outside orders. and local operators
were disguised at the dullness Corn was
mainly in the hands of the scalpers to-day
there being but few outside orders and no
disposition on the part Of local houses TO ex-
changes were rather frequent within I2c
range, and then again, though some
what unsettled. was firmer. Cash and
September especially showing strength and
ga Csc advance. The more deferred deliver
les closed about lSc better than yesterday
Taken all around, there was a pretty bullish
undertone to the market, but the smaller
class of holders manifested a desire to let go
on every little bulge of moment. Surface in
dications do not show that there are many
large operators interested heavily on the bull
side. Oats were weak, owing to the selling
out by parties who had bought yesterday, but
decrease in the supply in sight and some
good investment buying. toward the close the
speculative market firmed up again.
Provisions were quiet. Short ribs for Sep
monopoiized attention, though after brief
squirt of life in the day, they rather sympa-
thized with the general market.
THE QUOTATIONS..
The leading futures ranged as follows:
Wheat, No. 2, September 69lsc, closing at
69lsc; October, tic, closing at 7O7Sc; No
vember, 72Ssc, closing at 725Sc; December
74c, closing at 74c. Corn No. 2, Septem-
Der. 4ilsc, closing At 4l4c; October, 41!y2c
at Al sc; May, 451se, closing at 45a4c. Oats,
No. 2,September. 237sc, closing at 24Isc: De-
tober 24l2c, closing at 25c: November,
25ssc, closing at 257sc; May, 29sBc, closing
January, Sl255, closing at $3.50 Lard.
per 100 lbs, September, s6lO, closing at
S6.45: October, S6.45, closing at ST. 47la;
November, Sc. 47ls, closing at Sc. M: Janu,
airy, S6;57I2, closing at S657l2. Short ribs,
per 100 lbs, September, $3.50, closing at
SS.57l2; October, SS.57l2. closing at
$500; January, S6.52l2, closing at S6,45.
Cash quotations were as follows: Flour
steady and unchanged. Wheat-No 9
spring, 69Ac; No 8 spring 66c; No. 2 red
69l2c. COrn-No. 2, 4O4c. Oats-No. 2,
24Isc. Rye-No, 2, 44l2c. Barley-No. 9,
69l2c; Flax seed-No. 1. S1.O3la. Prime
timothy seed. $3.50. Pork-Mess. per Dbl
Sl5@l5.25 Lard. per 100 lbs, S6.45.
Short ribs, sides Qo6se), ss.57l2@S. 60; dry
sailed shoulders (boxed). s.. 25@5. So; short
clear sides (boxed), SO 9o@s.95. Whisky
Distillers' finished goods, per gal, 81. 1O.-Su-
gar-Cut loaf, Csc; graduated, 6I2c: stand
ara A, 6!sc. Receipts-Flour, 10000 bbls;
wheat $4,000 bu; corn, 3S7. 900 bu: oats,
2I2,000 bu; rye, 5000 bu; barley, 81 1000
bu. ipments-Flour, $4,000 bu: wheat,
5000 bu; corn, 35e,000 blu; oats, $4,000
blu; rye, 1000 bu: barley, $1,000 bu. On
the produce exchange to-day, the butter mar.
ket was steady; creamery, 16l2@234c Eggs
frmer; fresh, 13l2@,I4I2c